70 likes | 186 Views
STOP GAMBLING WITH YOUR LIFE SAVING Quality Affordable Housing for All REAL ESTATE INVESTING. MIKE WOO Longfin Investments is not affiliated with Tigrent Learning. Quantitative Easing 1. QE1 started Nov 25, 2008 through June 2010
E N D
STOP GAMBLING WITH YOUR LIFE SAVINGQuality Affordable Housing for AllREAL ESTATE INVESTING MIKE WOO Longfin Investments is not affiliated with Tigrent Learning
Quantitative Easing 1 • QE1 started Nov 25, 2008 through June 2010 • The Fed initiated purchases of $500 billion in mortgage-backed securities. • In March 2009, the program was expanded by an additional $750 B • The Fed cut the key interest rate to near zero, Dec. 16, 2008. • The QE1 concluded with a total of $1.25 trillion in purchases of MBS & $175 billion of agency debt purchases.
Quantitative Easing 2 • QE2 started Nov 2010 through June 2011. • Fed purchased $75 M worth of long-term securities every month, totaling $600 B of short-term bonds.
Operation Twist • Purpose: to help stimulate sluggish economy. The fed initiative of buying longer-term Treasuries and selling some of the shorter issues it already held. • Part I: September 2011 through June of 2012 which involved the redeployment of $400 billion in Fed assets. • Part II: July 2012 through December 2012, and it will encompass a total of $267 billion. In order to bring down long-term interest rates.
Quantitative Easing 3 • QE3 started Sept 13th 2012 to Nov 14th 2012 • The Fed will buy $40 billion of mortgage debt a month (MBS) • Keep interest rates at zero percent until at least 2015 • In contrast to the QE1 &QE 2, QE3 the Fed can flood $ into the system indefinitely